The sensors are build for automotive, aerospace, medical device, and industrial applications.
According to American Venture Magazine:
The Series B financing was led by AIG SunAmerica Ventures based in Los Angeles, CA. The other institutional investors participating in this round are Dali Hook Partners and Needham Capital Partners.
“Loadstar Sensors is well positioned to have a significant impact on the multi billion dollar load cell market with its capacitive sensing technology.” said Troy Fukumoto of AIG SunAmerica.
(First posted 1/24)